Trend of Addiction to Protein Food and Innovation in Product Offerings in the Natural Feed Additives Market Will Strengthen the Sales: Future Market Insights, Inc.
NEWARK, Del, Sept. 17, 2024 (GLOBE NEWSWIRE) -- The Global Natural Feed Additives market has an estimated market valuation of USD 8,368.9 Million by 2024 and is projected to grow at a CAGR of 7.9% to reach a market valuation of USD 17,901.2 Million by 2034.
The mounting of awareness about the animal nutrition around the world will bolster the sales of Natural Feed Additives. As the animals age, they become prone to multiple health concerns including digestion health problems. Thus, it becomes required for pet guardians and livestock farmers to look for diets that help their family members maintain good health. Professional recommendations are influencing and driving market sales.
The increasing demand of protein in the diets of animals across the world especially in the developing countries has further enhanced the need to source for natural, safer and efficient feed ingredients. The customer is now more concerned with their health and therefore wants products from animals that have been feed on natural supplements and this has put pressure on producers to produce new products.
Brands must use competitive pricing strategies such as promotion, and seasonal discounts to achieve a higher market share. Alongside, the subscription model of selling such diets is likely to bolster the market in the forecast period of 2024 – 2034. These factors, combined, point to a significant growth in the Natural Feed Additives market.
Key Takeaways from the Global Natural Feed Additives Market Study:
- Consumer specific solutions by key manufacturers creating a diversity in the sphere
- Infusion of nutritional ingredients elevating the product quality and animal health
- Demand of natural sources by end user industry forcing the key players for innovation
- Increasing trend of consuming high quality livestock protein driving the demand of natural feed additives
- Rising demand of functional feed ingredients enhancing the overall nutrition of animals
- Plant based additives influencing the trend of effective and sustainable production of animal protein
“Brands that deliver convenience, value and quality to livestock farmers at competitive prices will have a competitive advantage and emerge as a leader in the industry”, says Nandini Roy Choudhury, Client Partner at Future Market Insights.
Regional Insights into the Natural Feed Additives Market
| Country | CAGR, 2024 to 2034 | |
| USA | 6.2 | % |
| Germany | 5.7 | % |
| China | 7.8 | % |
Who is winning?
The global competitive landscape in the natural feed additives industry has changed over the past few years due to the rise in the consumption of fisheries, attention of products manufacturing companies towards the nutrition of pets, livestock animals, research and innovation to enhance the efficiency of marine production and capacity. Companies are developing sustainable feed products with innovative solutions to maintain the market position and quality standards of products. These product solutions help the aquaculture farming industries to maintain and enhance the nutrition of different species across the globe. As the demand for animal protein increases, more and more, the need for nutrition and overall health of aquatic animals can significantly rise in upcoming years. To tackle this situation and meet the consumer industry demand manufacturers are coming up with new technologies and digital solutions that can help their consumers. Companies are consistently investing in the segments of research and development to new and the new products to increase their market presence.
Leading Manufacturers
- Cargill, Incorporated
- Archer Daniels Midland Co
- DuPont de Nemours, Inc
- Evonik Industries AG
- Koninklijke DSM N.V.
- ForFarmers
- Pestell Nutrition
- BASF
- Novozymes
- CHR. Hensen
- Tegasa
- BRF Ingredients
- Nutreco
- Kemin Industries
- Bentoli
For Instance,
- Kemin aqua science the global leader in aquaculture feed additives launched the Pathorol brand for aqua cultural products to support a healthy hepatopancreas and digestive system of several breeds in April 2023.
- In June 2023 Evonik, one of the key player in global business landscape fortified the existing brand Biolys® which is produced by means of fermentation to fulfil the essential amino acid requirements of animals.
Get valuable insights into the Global Natural Feed Additives Market:
In its new offering, Future Market Insights provides a thorough, detailed, and unbiased analysis of the Global Natural Feed Additives Market, presenting Historical Demand data for 2019-2023 and Forecast statistics for 2024-2034. The study categorizes valuable insights on the Global Natural Feed Additives Market based on Livestock Type, Form, Additive Type and Region. As per Livestock Type, the market has been categorized into Ruminant, Poultry, Swine, Aquaculture and Pets. As per Form, the market is categorized into Dry and Liquid. As per additive Type, the market is categorized into Prebiotics, Probiotics, Vitamins & Minerals, Amino Acids, Enzymes and Others.
Access the Full Report on Natural Feed Additives Market Trends and Projections Now! https://www.futuremarketinsights.com/reports/natural-feed-additives-market
Key Segments of the Report
By Livestock:
By livestock industry has been categorised into Ruminant, Poultry, Swine, Aquaculture and Pets.
By Form:
Two different forms Dry and Liquid are included in the report.
By Additive Type:
Additive types like Prebiotics, Probiotics, Vitamins & Minerals, Amino Acids, Enzymes and Others are considered after an exhaustive research.
By Region:
Industry analysis has been carried out in key countries of North America, Latin America, Europe, Middle East and Africa, East Asia, South Asia, and Oceania
About the Food & Beverage Division at Future Market Insights:
Expert analysis, actionable insights, and strategic recommendations – the food & beverage team at Future Market Insights helps clients from all over the globe with their unique business intelligence needs. With a repertoire of over 1,000 reports and 1 million+ data points, the team has analyzed the food & beverage industry lucidly in 50+ countries for over a decade. The team provides end-to-end research and consulting services; reach out to explore how we can help
Authored by:
Nandini Roy Choudhury (Client Partner for Food & Beverages at Future Market Insights, Inc.) has 7+ years of management consulting experience. She advises industry leaders and explores off-the-eye opportunities and challenges. She puts processes and operating models in place to support their business objectives.
She has exceptional analytical skills and often brings thought leadership to the table.
Nandini has vast functional expertise in key niches, including but not limited to food ingredients, nutrition & health solutions, animal nutrition, and marine nutrients. She is also well-versed in the pharmaceuticals, biotechnology, retail, and chemical sectors, where she advises market participants to develop methodologies and strategies that deliver results.
Her core expertise lies in corporate growth strategy, sales and marketing effectiveness, acquisitions and post-merger integration and cost reduction. Nandini has an MBA in Finance from MIT School of Business. She also holds a Bachelor’s Degree in Electrical Engineering from Nagpur University, India.
Nandini has authored several publications, and quoted in journals including Beverage Industry, Bloomberg, and Wine Industry Advisor.
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About Future Market Insights (FMI)
Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 400 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.
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